Sustainability Report 2018

Ever since VIB Vermögen AG was established in 1993, we have been pursuing our growth stra­tegy in a targeted and successful fashion. In our view, however, successful corporate go­ver­nance over the long term does not just in­clu­de eco­no­mic suc­cess, but also means as­su­ming envi­ronmen­tal and social responsibility. As with any company, our business activities are shaped by close cooperation with a vast array of dif­ferent stake­holders, i.e. all internal and external groups that are affected by the actions of the company, whether now or in the future.

As we are a portfolio manager of commercial properties, our business model is characterised by a long-term planning horizon at many different levels. Our properties are used over several decades, maintenance and mo­derni­sation measures are carried out over the entire life cycle and, last but not least, we pur­sue a finan­cing approach based on long-term an­nuity loans. Regard­less of whether we are buying a property or developing it ourselves, our expansion decisions also take potential long-term factors into account.

Building trust through regular exchange

As a real estate company guided by the capital market, we have a variety of relations with a host of stakeholder groups. Regular com­muni­ca­tion with these groups helps us un­der­stand their views and expectations, ident­ify room for improvement and devise spe­cific courses of action.

Our most important stakeholders are linked to our business operations. In particular, these include tenants, shareholders and analysts, as well as public interest groups from the fields of politics, society and the media. Other stake­holders are our service providers and fi­nan­cing banks, as well as our employees – who make an important contribution to the suc­cess­ful development of the company.